Reputable Diy And Household Goods Retailer | | Undisclosed Warwickshire | | WARWICKSHIRE REPUTABLE DIY AND HOUSEHOLD GOODS RETAILER Prominent position on busy shopping parade Est 16 yrs A/T: £60,000 Scope to increase floor space/product range/opening hrs L/H: £44,950 +SAV REF: 9945CV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59666
ADVERT IMPRESSIONS : 14,707 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | DIY Stores | | SALE: | Agent Sale | LEASEHOLD: | £44950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Prominent trading position
• Situated within busy retail shopping parade
• Ample street parking
• Large frontage highly visible from main road
HISTORY
• Established 16 years by current vendor
• A family run business that has established a friendly and highly reputable name
• Regular custom from local residents
• Stock holding and product range has expanded considerably over the years due to customer demand
REASON FOR SALE
• Vendor retirement
PRODUCTS
• Garden tools and varied equipment
• Bathroom and kitchen products
• General electrical connections, cabling sockets and bulbs
• Key cutting facilities
• Hand tools, electrical tools
• Various stocks of wood and architrave/breading
• Sand and cement
• Wide range of nuts, bolts, nails and screws
• Flower stand to the front of shop
• General cleaning products
• Range of paints and decorating products
CUSTOMERS
• Loyal and repeat customer base
• Recognised trading name throughout Coventry
• Recommendations made by word of mouth (even from local competition)
SUPPLIERS
• Consumables supplied through a variety of trade sources
• Full credit agreements in place
• Local hardware Cash and Carry
STAFF
• Vendor / Wife
TRADING HOURS
• Monday to Saturday 9am to 5.30pm
• Sunday closed
FINANCIALS
• Annual turnover circa £60,000
• Good net profits
PREMISES
• Expansive ground floor retail area
• Free street parking directly outside premises
• Large store room to the rear
STRENGTHS
• Very well established with a trustworthy reliable family name
• Prominent location nestled within busy retail area, including: hair salons, post office, fast food, etc outlets and supermarkets
• Loyal repeat customer base
• Business is mostly generated by word of mouth
SCOPE
• No marketing presently undertaken
• Opportunity to increase square footage by removal of partition wall, increasing floor space by approximately one fifth
• Introduction of further product lines, e.g. TV, video and hi-fi, lawn mowers, soft furnishings and range of interior decorating products
• Increase opening hours
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9945CV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
